[{"id":234896,"question":"Which ofthe following methods uses quantities consumed in the current period when computing a weighted index.","choices":[{"text":"Laspeyres method","value":"A"},{"text":"Marshall -Edge worth's methods","value":"B"},{"text":"Peasche's method","value":"C"},{"text":"Fisher's method","value":"D"},{"value":"E"}],"correctAnswer":3},{"id":234895,"question":"the base period can be described as a normal period if","choices":[{"text":"it is neither the peak nor the trough of a fluctuation","value":"A"},{"text":"It is the most recent period for which we have data","value":"B"},{"text":"It is the average of several consecutive pariods","value":"C"},{"text":"None of these","value":"D"},{"value":"E"}],"correctAnswer":1},{"id":234894,"question":"The weights used in a price index are.","choices":[{"text":"Percentage of total price","value":"A"},{"text":"Average of prices","value":"B"},{"text":"Quantities","value":"C"},{"text":"None of these","value":"D"},{"value":"E"}],"correctAnswer":3},{"id":234893,"question":"If an unweighed average of revalives index pn/po x 100 is calculated for each product in the compostive, what is then done with these values to finish the calculation.","choices":[{"text":"The values are multiplied together.","value":"A"},{"text":"The largest values is found","value":"B"},{"text":"The valeus are averaged","value":"C"},{"text":"None of them","value":"D"},{"value":"E"}],"correctAnswer":3},{"id":234892,"question":"When the base year values are used as weights, the weighted average of relatives price index is the same as.","choices":[{"text":"the paache's index","value":"A"},{"text":"The laspeyres index","value":"B"},{"text":"The unweighted average of relatives price index","value":"C"},{"text":"None of these","value":"D"},{"value":"E"}],"correctAnswer":2},{"id":234891,"question":"If all the values considered in calculating an inxed are of equal importance, teh index is.","choices":[{"text":"Weighted","value":"A"},{"text":"Simple","value":"B"},{"text":"Un weighted","value":"C"},{"text":"None of these","value":"D"},{"value":"E"}],"correctAnswer":3},{"id":234890,"question":"If an index numebr calculation over 8 years with a base value of 100 gave an index for 1992 of 110, what would be the percentage relative for 1993.","choices":[{"text":"90.0","value":"A"},{"text":"13.75","value":"B"},{"text":"880","value":"C"},{"text":"110","value":"D"},{"value":"E"}],"correctAnswer":4},{"id":57940,"question":"Geometric mean of the relative is.","choices":[{"text":"Reversible","value":"A"},{"text":"None - Reversible","value":"B"},{"text":"Both A and B","value":"C"},{"text":"None of these","value":"D"},{"value":"E"}],"correctAnswer":1},{"id":57939,"question":"The index number given by formula&nbsp;Σp<sub>n</sub>q<sub>n</sub>/Σp<sub>n</sub>q<sub>n</sub> x100 is:","choices":[{"text":"Laspeyres index","value":"A"},{"text":"The paasche's index","value":"B"},{"text":"The value index","value":"C"},{"text":"None of these","value":"D"},{"value":"E"}],"correctAnswer":3},{"id":57938,"question":"If we went to compare the prices of wheat then we have to compute.","choices":[{"text":"Price index number","value":"A"},{"text":"Quantity index number","value":"B"},{"text":"Volume index number","value":"C"},{"text":"Both B and C","value":"D"},{"value":"E"}],"correctAnswer":1},{"id":57937,"question":"The index number are generally classified into ___________ types.","choices":[{"text":"Two&nbsp;","value":"A"},{"text":"Four","value":"B"},{"text":"Five","value":"C"},{"text":"Three","value":"D"},{"value":"E"}],"correctAnswer":1},{"id":57936,"question":"Both quantities and prices are used in:","choices":[{"text":"Link relatives","value":"A"},{"text":"Chain relatives","value":"B"},{"text":"Average of relatives&nbsp;","value":"C"},{"text":"Aggregative index number","value":"D"},{"value":"E"}],"correctAnswer":4},{"id":57935,"question":"If Laspeyres index = 104.5, Paasche's index = 107.9, then, Fisher's ideal index is equal to:","choices":[{"text":"100","value":"A"},{"text":"104.1","value":"B"},{"text":"106.2","value":"C"},{"text":"110.2","value":"D"},{"value":"E"}],"correctAnswer":3},{"id":57934,"question":"Paasche's index number is:","choices":[{"text":"Simple index number","value":"A"},{"text":"Weighted index number","value":"B"},{"text":"Un-weighted index number","value":"C"},{"text":"Composite index number","value":"D"},{"value":"E"}],"correctAnswer":2},{"id":57933,"question":"Index number are called:","choices":[{"text":"Mathematical barometer","value":"A"},{"text":"Economic barometer","value":"B"},{"text":"Statistical barometer","value":"C"},{"text":"Both A and C","value":"D"},{"value":"E"}],"correctAnswer":2},{"id":57932,"question":"Laspeyres index number is also called as:","choices":[{"text":"Base year weight index number","value":"A"},{"text":"Current year weight index number","value":"B"},{"text":"Ideal index number","value":"C"},{"text":"Fisher index number","value":"D"},{"value":"E"}],"correctAnswer":1},{"id":57931,"question":"If all the value of have equal importance,then we have to assigned certain values is such index number are called.","choices":[{"text":"Weighted index number","value":"A"},{"text":"Un-weighted index","value":"B"},{"text":"Both A and B","value":"C"},{"text":"Average","value":"D"},{"value":"E"}],"correctAnswer":1}]